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(02-03-2020, 03:38 PM)Otter Wrote: (02-03-2020, 03:12 PM)saimash Wrote: What are your thoughts on UPS
It looks slightly undervalued here. I wouldn't mind adding more to my position at these prices.
I sold UPS when it was at $121 and change. They have disappointed 1 too many times and its hard to trust management anymore no matter how cheap the stock looks. They just cant seem to get it right. If it goes at 90's and change I may hop in, but it would only be a trade here. I don't see this being a long term hold for me. Too me there are better names out there to invest in, especially how much the market has come down in recent weeks.
I took a small position in GILD. I will add if it should get lower.
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(02-03-2020, 03:52 PM)stockguru Wrote: (02-03-2020, 03:38 PM)Otter Wrote: (02-03-2020, 03:12 PM)saimash Wrote: What are your thoughts on UPS
It looks slightly undervalued here. I wouldn't mind adding more to my position at these prices.
I sold UPS when it was at $121 and change. They have disappointed 1 too many times and its hard to trust management anymore no matter how cheap the stock looks. They just cant seem to get it right. If it goes at 90's and change I may hop in, but it would only be a trade here. I don't see this being a long term hold for me. Too me there are better names out there to invest in, especially how much the market has come down in recent weeks.
I took a small position in GILD. I will add if it should get lower.
Thanks for your inputs !
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Should do about as well as my TSLA Put. 
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Holy smokes!! $110 in a day?!?!
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Should do about as well as my TSLA Put.
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Holy smokes!! $110 in a day?!?!
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It ain't over yet. "Money Shot" Otter is just waiting for TSLA to drop 500 pts some week. 
This market is ludicrous in places. TSLA could easily move a couple Benjamins in both directions in a week. Actually, I expect that at some point. There is a very long list of solid and profitable 50yr old companies at a lesser valuation right now. TSLA market cap is a few days run from about the same cap as NKE, MCD or most of the big pharma companies. Yeah I don't think this lasts, and big money is still buying.
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Bought few MMM shares today
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(02-03-2020, 08:09 PM)fenders53 Wrote: Should do about as well as my TSLA Put.
Holy smokes!! $110 in a day?!?!
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It ain't over yet. "Money Shot" Otter is just waiting for TSLA to drop 500 pts some week.
This market is ludicrous in places. TSLA could easily move a couple Benjamins in both directions in a week. Actually, I expect that at some point. There is a very long list of solid and profitable 50yr old companies at a lesser valuation right now. TSLA market cap is a few days run from about the same cap as NKE, MCD or most of the big pharma companies. Yeah I don't think this lasts, and big money is still buying.
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Current market cap values them at $280,000 per vehicle estimated to be produced in 2020. Seems legit.
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(02-03-2020, 10:42 PM)Otter Wrote: (02-03-2020, 08:09 PM)fenders53 Wrote: Should do about as well as my TSLA Put.
Holy smokes!! $110 in a day?!?!
It ain't over yet. "Money Shot" Otter is just waiting for TSLA to drop 500 pts some week.
This market is ludicrous in places. TSLA could easily move a couple Benjamins in both directions in a week. Actually, I expect that at some point. There is a very long list of solid and profitable 50yr old companies at a lesser valuation right now. TSLA market cap is a few days run from about the same cap as NKE, MCD or most of the big pharma companies. Yeah I don't think this lasts, and big money is still buying.
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Current market cap values them at $280,000 per vehicle estimated to be produced in 2020. Seems legit.
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Thanks for being a good sport while we make wise cracks. I got my face tore of in 1999 shorting AOL. Ludicrous valuation is easy to see, but timing the end of momo is impossible. It may be 20 years before another story stock of this magnitude comes along.
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At least my downside is locked in with a Put. There's crazy people out there who sold naked calls on TSLA.
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(02-04-2020, 09:50 AM)Otter Wrote: At least my downside is locked in with a Put. There's crazy people out there who sold naked calls on TSLA.
Yes, it's the same reason Mike and I use spreads. Our profit potential is limited, but defined outcomes are nice. And thanks, but I'll just pick on companies like DE that are having a tough quarter or two. I can't even imagine sitting on a naked TSLA call waiting for the broker to cash me out at a monster loss. Some folks are getting devastated. I suppose a lot of them too young to have experienced story stocks of the .com era. There were dozens of stocks acting much like TSLA today.
Anyway, hopefully the oil drubbing is subsiding. My BP did their part today. Score one for Cramer. He had a part in talking me into doing some DD on BP as my only oil major.
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Anyone owns TEVA? I am big into this baby at 10. My largest non-div stock. This will be in teens by 2021.
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(02-04-2020, 11:07 AM)vbin Wrote: Anyone owns TEVA? I am big into this baby at 10. My largest non-div stock. This will be in teens by 2021.
Haven't looked at it lately. So long ago I think is was a good Div stock then. What do you believe is the catalyst to grow some earnings?
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Added to CVX and PSX. With how cheep these stocks are now they may be in my top 5 holdings after it’s all said and done lol
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